Texas § 2204.101 TAXES.

Texas Statutes

§ 2204.101 — TAXES.

Texas § 2204.101

Code INInsurance Code

This text of Texas § 2204.101 (TAXES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 2204.101 (2026).

Text

Sec. 2204.101. TAXES.

(a)Except as provided by this section and Chapters 251 and 261 , the exchange is not subject to state or local taxes that are measured by income, premiums, or gross receipts.

(b)A direct premium written, procured, or received by a member through the exchange on a risk located in this state is:

(1)considered written, procured, or received by the exchange; and

(2)subject to the premium taxes imposed under Subtitle B, Title 3.

(c)Premium taxes shall be reported, paid, and administered as provided by Subtitle B, Title 3.

(d)The exchange and the members are considered insurers for purposes of:

(1)Sections 201.052 , 201.053 , and 201.054 ;

(2)Chapters 4, 202 , 203 , 221 , 222 , 224 , 227 , 228 , 251 , 257 , and 1109 ; and

(3)Section 171.0525 , Tax Code.

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Sec. 2204.101. TAXES. (a) Except as provided by this section and Chapters 251 and 261 , the exchange is not subject to state or local taxes that are measured by income, premiums, or gross receipts.
(b) A direct premium written, procured, or received by a member through the exchange on a risk located in this state is:
(1) considered written, procured, or received by the exchange; and
(2) subject to the premium taxes imposed under Subtitle B, Title 3.
(c) Premium taxes shall be reported, paid, and administered as provided by Subtitle B, Title 3.
(d) The exchange and the members are considered insurers for purposes of:
(1) Sections 201.052 , 201.053 , and 201.054 ;
(2) Chapters 4, 202 , 203 , 221 , 222 , 224 , 227 , 228 , 251 , 257 , and 1109 ; and
(3) Section 171.0525 , Tax Code.

Legislative History

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 2H.007, eff. April 1, 2009.